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6391 GO Bonds P-183T+r . CONSOL ID ATF D -SAUNA L' l 1 ORDINANCE NUMBER 6391 (Published in The Salina Journal 3 , 1959) AN ORDINANCE authorizing and providing for the issuance of Improvement Bonds of the City of Salina, Kansas, all in the sum of $402,737.72, to pay the cost of improving certain streets in said city to be designated as Series Number P-183. WHEREAS, pursuant to proceedings duly had according to law, contracts have been let and performed for the construction of the following street improvements to the City of Salina, Kansas, to -wit: The paving with 6" reinforced concrete of streets in Edgemere Addition except Willow and Redwood Drive from Lot 13, Block 5 south, Birch Drive from Lot 10, Bboek 8 south, Hemlock Drive from Lot 8, Block 9 south and Cherokee from Pueblo to Republic. The paving with 61t reinforced concrete of all streets in Sunset Manor Addition except those on the east side of Broadway Boulevard. The paving with 6" reinforced concrete of all streets in Likins Foster Addition except Oak Street from Pawnee midway to Bechtold Avenue. The paving with 7" concrete pavement of Crawford Avenue from the west line of Steahlin Avenue to the west line of Edgemere Addition As provided for by Resolution Numbers 2019, 2028, and 2031. WHEREAS, the total cost of said improvements has been ascertained and the portion thereof i the amount of $71,106.55 to be paid by general taxes to be levied upon all taxable property within said city for the improvement of squares and areas formed by the crossing of streets and alleys and for the improvement of any of said streets, inhere the same is through or adjacent to property of the City for which the City is liable, for which bonds are to be issued; and WHEREAS, the total cost of said paving and grading of said streets, which are to be paid by j special assessments and to be levied upon lots and pieces of ground liable for the payment of said paving and grading in said streets has been ascertained and has been hereby found and determined to be the sum of $332,517.43 which amount has been heretofore duly assessed and apportioned to the several lots and pieces of ground liable therefor,,.aoaording to law provided for in the Ordinances of the City of Salina, Kansas, relating thereto, duly passed and approved of which amount the sum of $886.26 has been duly paid by the property owners 41 liable therefor, leaving a balance of $331,631.17 for which bonds are to be issued; and I WHEREAS, bonds in the aggregate sum of 2,737.72 are to be issued to pay the actual cost th�rwe£. BE IT ORDAINED by the --board of CTuissioners of the City of Salina, Kansas: Section 1. That the foreg6fng. preambles be and they are hereby adopted as a part of this ordinance and that for the purpose &g providing funds to pay the cost of improvements hereinabove referred to and described in the or�rtvces and resolutions of said City and hereinbefore referred to, there shall be issued Interne - Improvement Bonds of the City of i Salina, Kansas, in the total principal sum of $402,737.72, wfitcb,,_shall consist of Four Hundred and Two bonds numbered 1 to 402 inclusive all dated December 1-,,' 1959, which i- Via' bonds numbered 1 to 102 inclusive, shall bear interest at the rate of four per centper annumi bonds numbered 103 to`2 inclusive 44 shall bear interest at the r I per cent per annum and from and after said date until the respective maturities of said i bonds, payable semi nually on June 1, and December 1 in each year, said interest to be evidenced by interest coupons as herein provided for and said bonds shall become due as follows: bonds numbered 203 to 222, inclusive, shall bear interest 'at the rate of .three and one-half per cent per annum; -bonds numbered 223 to 1 02 inclusive shall bear interest at the rate of. t�bree and three - fourth per cent per annum. CONSOLIDATED-SALINA 1 1 1 Bonds Numbered 1 to 12 for $1,000.00 each except Number 1 is for $1,737.72 due June 1, 1961. Bonds Numbered 13 to 22 for $1,000.00 each due on December 1, 1961. Bonds Numbered 23 to 32 for $1,000.00 each due on June 1, 1962. Bonds Numbered 33 to 42 for $1,000.00 each due on December 1, 1962. Bonds Numbered 43 to 52 for $1,000.00 each due on June 1, 1963. Bonds Numbered 53 to 62 for $1,000.00 each due on December 1, 1963. Bonds Numbered 63 to 72 for $1,000.00 each due on June 1, 1964. Bonds Numbered 73 to 82 for $1,000.00 each due on December 1, 1964. Bonds Numbered 83 to 92 for $1,000.00 each due on June 1, 1965. Bonds Numbered 93 to 102 for $1,000.00 each due on December 1, 1965. Bonds Numbered 103 to 112 for $1,000.00 each due on June 1, 1966. Bonds Numbered 113 to 122 for $1,000.00 each due on December 1, 1966. Bonds Numbered 123 to 132 for $1,000.00 each due on June 1, 1967. Bonds Numbered 133 to 142 for $1,000.00 each due on December 1, 1967. Bonds Numbered 143 to 152 for $1,000.00 each due on June 1, 1968. Bonds Numbered 153 to 162 for $1,000.00 each due on December 1, 1968. Bonds Numbered 163 to 172 for $1,000.00 each due on June 1, 1969. Bonds Numbered 173 to 182 for $1,000.00 each due on December 1, 1969. Bonds Numbered 183 to 192 for $1,000.00 each due on June 1, 1970. Bonds Numbered 193 to 202 for $1,000.00 each due on December 1, 1970. Bonds Numbered 203 to 212 for $1,000.00 each due on June 1, 1971. Bonds Numbered 213 to 222 for $1,000.00 each due on December 1, 1971. Bonds Numbered 223 to 232 for $1,000.00 each due on June 1, 1972. Bonds Numbered 233 to 242 for $1,000.00 each due on December 1, 1972. Bonds Numbered 243 to 252 for $1,000.00 each due on June 1, 1973. Bonds Numbered 253 to 262 for $1,000.00 each due on December 1, 1973. Bonds Numbered 263 to 272 for $1,000.00 each due on June 1, 1974. Bonds Numbered 273 to 282 for $1,000.00 each due on December 1, 1974. Bonds Numbered 283 to 292 for $1,000.00 each due on June 1, 1975. Bonds Numbered 293 to 302 for $1,000.00 each due on December 1, 1975. Bonds Numbered 303 to 312 for $1,000.00 each due on June 1, 1976. Bonds Numbered 313 to 322 for $1,000.00 each due on December 1, 1976. Bonds Numbered 323 to 332 for $1,000.00 each due on June 1, 1977. � I Bonds Numbered 333 to 342 for $1,000.00 each due on December 1, 1977. i Bonds Numbered 343 to 352 for $1,000.00 each due on June 1, 1978. Bonds Numbered 353 to 362 for $1,000.00 each due on December 1, 1978. Bonds Numbered 363 to 372 for $1,000.00 each due on June 1, 1979. Bonds Numbered 373 to 382 for $1,000.00 each due on December 1, 1979. Bonds Numbered 383 to 392 for $1,000.00 each due on June 1, 1980. Bonds Numbered 393 to 402 for $1,000.00 each due on December 1, 1980. CONSOLIDATED -SALIVA 1 1 1 Section 2. Said bonds shall be signed by the Mayor and shall be attested by the signature of the City Clerk and the corporate seal of the City shall be affixed thereto and said bonds shall have attached thereto interest coupons representing the interest thereon, which coupons shall be in the form provided by law add shall bear the printed or lithograph facsimile signatures of the Mayor and City Clerk of said city and said bonds and interest coupons shall be registered in the office of the City Clerk and in the office of the Audito of State as required by law. Section 3. Said bonds shall be designated as Series P-183 and shall be in the form and shall contain recitals substantially as follow*, to -wit: CONSOLIDATED-SALINA 1 1 1 UNITED STATES OF AMERICA STATE OF KANSAS COUNTY OF SALINE . CITY OF SALINA INTERNAL IMPROVEMENT BOND No. Series P-183 $ KNOW ALL MEN BY THESE PRESENTS, that the City of Salina, in the County of Saline, State of Kansas, acknowledges itself to be indebted and for value received hereby promises to pay to the bearer the sum of DOLLARS in lawful money of the United States of America, on the first day of , 19 , with interest thereon from the date hereof at the rate of per cent per annum, payable semiannually on June 1, and December 1, in each year, on presentation and surrender of the interest coupons hereto affixed as said coupons become severally due, both principal of and interest on this bond being payable at the office of the State Treasurer of the State of Kansas, in the City of Topeka, Kansas, and said City of Salina, Kansas, is held and firmly bound by these presents and the full faith, credit and resources of said city are hereby irrevocable pledged for the payment of said principal and interest at maturity. This bond is one of a series of 402 bonds of like date and tenor, excepting denomination, interest rate and maturity, aggregating the principal sum of $402,737.72 issued by the City of Salina, Kansas for the purpose of paying the cost of constructing paving and grading improvements in said city by the authority of and in full compliance with the providions, restrictions and limitations of the constitution and laws of the State of Kansas, including Sections 10-101 to 10-127, 12-601 to 12-608, and 13-1011 and 13-1011a, and 12-6a01 to 12-6al7, all of the General Statutes of Kansas, 1949, and amendments thereto, and all other provisions of the laws of said state applicable thereto, and this bond and all other bonds of this series, and all interest thereon are to be paid by the City of Salina, Kansas. And it is hereby declared and certified that all acts, conditions, and things required to be done and exist precedent to and in the issuance of this bond have been property done and performed and do exist in due and regular form and manner as required by the constitution and laws of the State of Kansas, and that the total indebtedness of said city, including this series of bonds, does not exceed any constitutional or statutory limitation. IN WITNESS WHEREOF, the said City of Salina, Kansas, has executed this bond by causing it to be signed by its Mayor and its corporate seal to be hereto affixed, attested by its City Clerk and the coupons hereto attached to be signed with the facsimile signatures of said officers and this bond to be dated the first day of December, 1959. Attest: City Clerk Mayor CONSOLIDATED-SALINA 1 F_ i ) No. first day of ) 19 the City ) ,19 of Salina, Saline County, Kansas, will pay to the bearer ) the sum of DOLLARS and j---------------- Cents in lawful money ) City of Salina, Kansas of the United States of America, at the office of the ) State Treasurer, Topeka, Kansas, being six months interest ) on its Internal Improvement Bond, Series P-183 dated ) December 1, 1959. _ _ _ _ _ _ _ _ _ ------ No. ) $ (Facsimile) ) Mayor ) I Attest: (Facsimile) ) City Clerk ) ------------------------------)----------------I STATE OF KANSAS ) ) SS COUNTY OF SALINE) I, H. E. Peterson, City Clerk of the City of Salina, Kansas, hereby certify that the within Internal Improvement Bond, Series P-183 of the City of Salina, Kansas, has ben duly registered in my office according to law. WITNESS my hand and official seal this day of , 1959. City Clerk OFFICE OF THE AUDITOR OF THE STATE OF KANSAS I, George Robb, Auditor of the State of Kansas, hereby certify that a transcript of the proceedings leading up to the issuance of this bond has been filed in my office and that this bond and the coupons attached thereto were registered in my office according to law this Auditor of State By: Director of Post Audits CONSOLID ATE;D-SALINA J Section 4. The Mayor and City Clerk are hereby authorized and directed to prepare and execute the bonds hereinbefore described and to advertise and sell the same in the manner provided by law, and when duly executed and registered to deliver said bonds to the purchas of purchasers thereof. Section 5. The full faith, credit and reyources of the City of Salina, Kansas, shall be and the same are hereby irrevocable pledged for the prompt payment of said bonds and all interest thereon. The Board of Commissioners of the City of Salina, Kansas, shall annually make provisions for the payment of the principal and interest on said bonds as they severally become due by levying taxes and assessments upon the property liable therefor as provided for by law. Section 6. This ordinance shall take effect and be in force from and after its publication once in the official city paper. Introduced: November 17, 1959 Passed: November 24, 1959 (SEAL) Attest: City Clerk Q,L= CJ, '72, e Mayor